Updated Dec 11, 2024
Duke Realty Leases 116980 Square Feet At 611 S Royal Ln Coppell With Mark Russell As Tenant's Rep
611 S Royal Ln, Coppell, TX, 75019
Building Size
116,980 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
The property located at 611 S Royal Ln, Coppell, TX, 75019, is an industrial space totaling 116,980 square feet. It was built in 2001 and is situated in the Coppell market, near Dallas-Fort Worth International Airport. The landlord for this property is Duke Realty.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not specified
- Address: 611 S Royal Ln, Coppell, TX, 75019
- Market: Coppell
- Tenant's Representative: Mark Russell - NKF
- Landlord's Representatives: Matt Hyman, Bryan Parker - Duke Realty
- Landlord: Duke Realty
- Square Feet: 116,980
Dynamic Glass Products, a Wisconsin-based company specializing in glass products for real estate and advertising industries, has secured the lease at this location. The landlord, Duke Realty, was represented in this transaction by Matt Hyman and Bryan Parker. The tenant was represented by Mark Russell from NKF.
On the Map
Industrial
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Coppell Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93